Workhorse Group Inc expected to post a loss of 42 cents a share - Earnings Preview

Reuters
03-07
Workhorse Group Inc <wkhs.oq> expected to post a loss of 42 cents a share - Earnings Preview </wkhs.oq>
  • Workhorse Group Inc WKHS.OQ WKHS.O is expected to show a fall in quarterly revenue when it reports results on March 10 (estimated) for the period ending December 31 2024

  • The Loveland Ohio-based company is expected to report a 29.6% decrease in revenue to $3.1 million from $4.41 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Workhorse Group Inc is for a loss of 42 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Workhorse Group Inc is $1.00​, above​ its last closing price of $0.35. ​​​

This summary was machine generated March 7 at 11:25 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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